I mentioned last week that I was getting married. Now that I’m married and the reception is over, the costs are starting sink in. I should be able to tell you exactly how much I spent. However, I’m not the best budgeter. I’ve always felt that I could spend 10 hours being meticulous about where every penny went, or I can try to make more pennies. As long as I make sure that I get good value for my money, I consider that “good enough.” That might not work for most people, but it’s been successful for me.
If I can’t tell you exactly how much it cost, the least I can do is give you an estimate. Before I drop the number, I will say that it was around 200 people, which prevents any kind of “value” wedding. It could quite possibly the last time for many, many years that I’ll ever see all my friends together in the same room. With many of them starting their own families and with me thousands of miles away from them, it’s just not logistically possible.
Have I procrastinated enough? The wedding costs fell somewhere around 22 or 23 thousand dollars. In a lot of places, that’s a nice down payment on a house. Still, I look at the experience and realize that it compared with weddings that cost more than 60 thousand dollars. That may sound crazy, but I’ve been to weddings that cost that much and didn’t get the impression that people had more fun at them. Then again I might be a little biased.
This upcoming weekend, we’ll spend a lot of time sending thank you notes for the gifts. After that we need to almost immediately develop a financial plan for the next 2-3 years. The good news is that my wife (that phrase hasn’t gotten old yet) suggested that we do this. It is definitely a first and I’m really looking forward to it.
I realized that I needed to go into more detail on some points from all the comments, so see The Cost of My Wedding – Part 2 here.